2024-05-15T10:28:05-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2023-01-01 530191129 NATIONAL APARTMENT ASSOCIATION NATI 7035186141 4300 WILSON BOULEVARD 800 ARLINGTON VA 22203 LARISSA TEELUCKSINGH SVP, FINANCE 7035186141 2024-05-15 1 LARISSA TEELUCKSINGH XXX-XX-XXXX 0 AARON M FOX P01365820 2022274000 2024-05-15 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z ROBERT PINNEGAR CAE 4300 WILSON BOULEVARD 800 ARLINGTON VA 22203 61054678 0 X WWW.NAAHQ.ORG X 1939 VA TO SERVE AS A TRUSTED, PRE-EMINENT RESOURCE FOR ALL STAKEHOLDERS IN THE RENTAL HOUSING INDUSTRY THROUGH ADVOCACY, EDUCATION, AND COLLABORATION. 29 29 134 634 3067185 0 15454 14412 37077939 53468244 749136 763114 3378968 3480790 41221497 57726560 500 0 0 0 13511642 15467728 0 0 0 24537271 39926000 38049413 55393728 3172084 2332832 35964131 40809048 25180988 25900077 10783143 14908971 THE NATIONAL APARTMENT ASSOCIATION (NAA) SERVES THE INTERESTS OF MULTIFAMILY HOUSING OWNERS, MANAGERS, DEVELOPERS, AND SUPPLIERS, AND PROMOTES A HIGH LEVEL OF PROFESSIONALISM IN THE MULTIFAMILY INDUSTRY TO BETTER SERVE THE RENTAL HOUSING NEED OF THE PUBLIC. 0 0 NATIONAL LEASE PROGRAM THE NAA CLICK & LEASE IS A WEB-BASED LEASING PROGRAM. THIS LEASING PROGRAM ALLOWS AN APARTMENT COMMUNITY TO SAVE TIME AND MONEY BY SPEEDING UP THE PREPARATION AND PRINTING OF LEGAL DOCUMENTS. IN ADDITION TO PROVIDING GREATER EFFICIENCY TO THE ONSITE LEASING PROCESS, PROSPECTIVE RESIDENTS MAY FILL OUT A RENTAL APPLICATION ONLINE AND PROPERTY MANAGERS MAY AUDIT AND EDIT ENTIRE PORTFOLIOS OF LEASES WITH A FEW MOUSE CLICKS. MEETINGS AND EXPOSITIONS INTERACTION WITH NATIONAL MEMBERSHIPS THROUGH INDUSTRY MEETINGS, AS WELL AS VISITS TO STATE AND LOCAL AFFILIATES. GOVERNMENT AFFAIRS NAA PARTNERS WITH NATIONAL MULTIFAMILY HOUSING COUNCIL (NMHC) TO ADVOCATE FOR A SUPPORTIVE LEGISLATIVE AND REGULATORY CLIMATE TO PROTECT BUSINESSES. AT THE STATE AND LOCAL LEVELS, NAA ANALYZES LEGISLATION, CONDUCTS RESEARCH, AND PROVIDES RESOURCES TO HELP BUILD MEMBERS' STRENGTH AND INFLUENCE. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 98 0 1 134 1 1 1 0 0 0 0 0 0 0 X 29 29 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 VA X LARISSA TEELUCKSINGH 7035186141 4300 WILSON BLVD SUITE 800 ARLINGTON VA 22203 RONDA PURYEAR CAM CPM CHAIR 5.00 X X 0 0 0 RICK SNYDER CPM CHAIR-ELECT 5.00 2.00 X X 0 0 0 DON BRUNNER PAST CHAIR 5.00 X X 0 0 0 ALAN KING CPM VICE CHAIR 5.00 5.00 X X 0 0 0 CHRIS BURNS CAM CAPS TREASURER 5.00 X X 0 0 0 JEANNETTE COX SECRETARY - AS OF 01/2023 5.00 X X 0 0 0 MELODY KING BOARD MEMBER AT LARGE 2.00 X 0 0 0 JOLYNN SCOTCH BOARD MEMBER AT LARGE 2.00 X 0 0 0 WOODY STONE BOARD MEMBER AT LARGE 2.00 X 0 0 0 TOM SLOAN BOARD MEMBER AT LARGE 2.00 X 0 0 0 STEVE SORKIN NSC CHAIR 2.00 2.00 X 0 0 0 KIM HURD PRESIDENT, NAAEI 2.00 5.00 X 0 0 0 PAT SHUMAKER REGIONAL VP - REGION 1 2.00 X 0 0 0 ARIANNA ROYSTER REGIONAL VP - REGION 1 2.00 2.00 X 0 0 0 LYNN BORA REGIONAL VP - REGION 2 2.00 X 0 0 0 STEVE RAPPIN REGIONAL VP - REGION 3 2.00 X 0 0 0 KRISTIE ARNST REGIONAL VP - REGION 3 2.00 X 0 0 0 BRETT DUKE REGIONAL VP - REGION 4 2.00 X 0 0 0 CHRIS CARTER REGIONAL VP - REGION 4 2.00 X 0 0 0 SUSAN PASSMORE CAM CAPS REGIONAL VP - REGION 4 2.00 X 0 0 0 DENNIS WATTS REGIONAL VP - REGION 5 2.00 X 0 0 0 TRACY HALL CAPS CPM REGIONAL VP - REGION 6 2.00 X 0 0 0 JAY PARMELEE CPM REGIONAL VP - REGION 6 2.00 X 0 0 0 JACKIE RHONE CAPS CPM REGIONAL VP - REGION 6 2.00 2.00 X 0 0 0 GREG CERBANA REGIONAL VP - REGION 7 2.00 5.00 X 0 0 0 PETER HARRADINE REGIONAL VP - REGION 8 2.00 X 0 0 0 KAYLA QUINT REGIONAL VP - REGION 9 2.00 X 0 0 0 BONNIE SMETZER CMP HCCP REGIONAL VP - REGION 9 2.00 X 0 0 0 CURT KNABE REGIONAL VP - REGION 10 2.00 X 0 0 0 ROBERT PINNEGAR CAE CHIEF EXECUTIVE OFFICER 37.50 12.50 X 694009 0 68950 AMY GROFF CPM CHIEF OPERATING OFFICER 37.50 5.00 X 373884 0 49266 LARISSA TEELUCKSINGH CPA SVP, FINANCE 37.50 5.00 X 230399 0 25527 GREGORY BROWN SENIOR VP, GOVERNMENT AFFAIRS 37.50 X 377273 0 43604 ANGEL BALTIMORE SVP, INFORMATION TECHNOLOGY 37.50 X 284502 0 29393 REBECCA SULLIVAN SVP STRATEGIC COMMUNICATIONS 37.50 X 251405 0 37428 JOSHUA GOLD SVP MEMBER EDUC PROGRAMS & AFFILIATE ENGAGEMENT 37.50 X 247659 0 26923 AYIESHA BEVERLY GENERAL COUNSEL 37.50 X 231983 0 21888 RON SKINNER SVP, BUSINESS DEVELOPMENT 37.50 X 235543 0 13221 PAULA MUNGER VP, INDUSTRY RESEARCH & ANALYSIS 37.50 X 232570 0 37387 JAMES WILSON AVP, POLITICAL AFFAIRS 37.50 X 196131 0 36935 CAMALA KOVALICK AVP, BUSINESS EXCELLENCE 37.50 X 211021 0 24348 ELIZABETH AMBACHER VP, MEETINGS & EXPOSITIONS 37.50 X 200891 0 25234 JASON LYNN DIRECTOR, FED. LEGISLATIVE AFFAIRS 37.50 X 205340 0 11582 3972610 0 451686 38 0 1 0 ATLANTA FALCONS STADIUM COMPANY MERCEDES 1 AMB DRIVE NW ATLANTA GA 30313 FACILITY RENTAL 1113792 SME ENTERTAINMENT GROUP LLC 11640 SAN VICENTE BLVD 204 LOS ANGELES CA 90049 SPEAKER SERVICES 461200 SUNSTONE PARK LESSEE ONE PARK BLVD SAN DIEGO CA 92101 MEETING SERVICES 446021 REAL STRATEGY GROUP LLC 2801 CENTER RD 1ST FL PMB 8158 WILMINGTON DE 198081609 ADVOCACY CONSULTING SERVICES 420552 DISTRICT MARKETING GROUP PO BOX 2789 SPRINGFIELD VA 22152 MARKETING SERVICES 360803 14 14412 14412 LEASE PROGRAM FEES 900099 19086185 19086185 MEETINGS & EXPOSITIONS 900099 14763489 7610559 149030 7003900 BLUE MOON FEES 900099 10174921 10174921 MEMBERSHIP DUES 900099 7425704 7425704 SPONSORSHIPS 900099 1128300 1128300 889645 889645 53468244 659880 659880 3430920 3327686 103234 103234 103234 2425 432 1993 1993 ADVERTISING 900004 2918155 2918155 MISCELLANEOUS & OTHER 900099 422427 422427 LIST RENTAL 900099 116000 116000 22215 22215 3478797 57726560 45189007 3067185 9455956 3242857 9389669 384014 1620855 830333 442876 67825 49092 3762968 509220 1481749 869313 830671 938199 7842653 20958 729524 358964 BLUE MOON PROCES. FEES 10174921 AFFILIATE SHARE 8897962 NAA NMHC FEE 955000 DUES & SUBSCRIPTIONS 743179 1250926 55393728 2672402 473814 341439 4372929 2760456 2637120 1202 0 5193491 6714010 6828258 4443225 2899164 2385033 17405279 20054735 41296 0 4649402 4171407 35964131 40809048 3956736 5487938 12740031 13992883 1400000 0 7084221 6419256 25180988 25900077 X 10783143 14908971 10783143 14908971 35964131 40809048 2332832 1792996 0 X 0 1 X 1 0 0 0 1 7425704 1857863 -30773 1827090 1856426 -29336 3051591 1411930 1639661 256591 151410 105181 3520076 2879885 640191 2385033 RIGHT OF USE ASSET 3738761 DEFERRED COMPENSATION INVESTMENTS 272893 DUE FROM AFFILIATES 103590 DEPOSITS 56163 4171407 FUTURE LEASE OBLIGATION 6135423 DEFERRED COMPENSATION LIABILITY 272893 DUE TO AFFILIATES 10940 6419256 X PART X, LINE 2: THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X X 0 0 0 ROBERT PINNEGAR CAE CHIEF EXECUTIVE OFFICER 561809 0 125000 0 7200 0 39000 0 29950 0 762959 0 0 0 AMY GROFF CPM CHIEF OPERATING OFFICER 325584 0 48300 0 0 0 16500 0 32766 0 423150 0 0 0 GREGORY BROWN SENIOR VP, GOVERNMENT AFFAIRS 337073 0 40200 0 0 0 16500 0 27104 0 420877 0 0 0 ANGEL BALTIMORE SVP, INFORMATION TECHNOLOGY 276202 0 8300 0 0 0 13918 0 15475 0 313895 0 0 0 REBECCA SULLIVAN SVP STRATEGIC COMMUNICATIONS 225505 0 25900 0 0 0 11218 0 26210 0 288833 0 0 0 JOSHUA GOLD SVP MEMBER EDUC PROGRAMS & AFFILIATE ENGAGEMENT 221759 0 25900 0 0 0 11675 0 15248 0 274582 0 0 0 PAULA MUNGER VP, INDUSTRY RESEARCH & ANALYSIS 211570 0 21000 0 0 0 11242 0 26145 0 269957 0 0 0 LARISSA TEELUCKSINGH CPA SVP, FINANCE 206499 0 23900 0 0 0 10422 0 15105 0 255926 0 0 0 AYIESHA BEVERLY GENERAL COUNSEL 208183 0 23800 0 0 0 7875 0 14013 0 253871 0 0 0 RON SKINNER SVP, BUSINESS DEVELOPMENT 211343 0 24200 0 0 0 11699 0 1522 0 248764 0 0 0 CAMALA KOVALICK AVP, BUSINESS EXCELLENCE 191921 0 19100 0 0 0 10439 0 13909 0 235369 0 0 0 JAMES WILSON AVP, POLITICAL AFFAIRS 177231 0 18900 0 0 0 10325 0 26610 0 233066 0 0 0 ELIZABETH AMBACHER VP, MEETINGS & EXPOSITIONS 182191 0 18700 0 0 0 10199 0 15035 0 226125 0 0 0 JASON LYNN DIRECTOR, FED. LEGISLATIVE AFFAIRS 189040 0 16300 0 0 0 10224 0 1358 0 216922 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE THREE CATEGORIES OF MEMBERSHIP: INDUSTRY MEMBERS INCLUDE OWNERS, DEVELOPERS, AND PROPERTY MANAGERS. THESE MEMBERS ARE VOTING MEMBERS OF THEIR LOCAL AFFILIATE AND CAN BECOME DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. DIRECT MEMBERS ALSO INCLUDE OWNERS, DEVELOPERS, AND PROPERTY MANAGERS WHO DO BUSINESS IN AN AREA OF THE COUNTRY NOT COVERED BY AN AFFILIATE ORGANIZATION. THESE MEMBERS CANNOT BE DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. ASSOCIATE MEMBERS ARE SUPPLIERS. THESE MEMBERS CANNOT BE DELEGATES TO THE NATIONAL ASSEMBLY OF DELEGATES. OWNER MEMBERS PAY DUES ON FORMULA BASED UPON THE NUMBER OF APARTMENT UNITS OWNED OR MANAGED. FORM 990, PART VI, SECTION A, LINE 7A THE AFFILIATED LOCAL AND STATE ASSOCIATIONS OF NAA ARE DIVIDED INTO REGIONS. THE REGIONS MAY BE CHANGED TO FIT CHANGING PATTERNS OF MEMBERSHIP. EACH REGION ELECTS THE REGIONAL VICE PRESIDENT, WHO WILL BE A VOTING MEMBER OF THE BOARD OF DIRECTORS. THE ASSEMBLY OF DELEGATES ARE MEMBERS OR STAFF OF AFFILIATED ASSOCIATIONS IN GOOD STANDING. THE ASSEMBLY OF DELEGATES ELECT THE OFFICERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS CHANGES, REGIONAL REPRESENTATION, AND DUES STRUCTURE ARE ALL SUBJECT TO APPROVAL BY THE NATIONAL ASSEMBLY OF DELEGATES. FORM 990, PART VI, SECTION B, LINE 11B NAA HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION, THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE PRESIDENT & CEO AND THE CHIEF OPERATING OFFICER. THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF NAA PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C NAA HAS A CONFLICT-OF-INTEREST POLICY WHICH IS GIVEN AND SIGNED WHEN AN EMPLOYEE IS HIRED AND THEN ON AN ANNUAL BASIS THIS IS DISTRIBUTED TO ALL STAFF FOR THEIR SIGNATURES. CONFLICT OF INTEREST MAY OCCUR WHEN NAA ENTERS INTO TRANSACTIONS WITH EITHER NON-PROFIT ORGANIZATIONS OR FOR-PROFIT ENTERPRISES. TO AVOID ACTUAL, POTENTIAL, OR EVEN THE APPEARANCE OF CONFLICTS OF INTEREST, PERSONS SUBJECT TO THE POLICY SHOULD DISCLOSE ANY CONNECTION OR RELATIONSHIP WITH ORGANIZATIONS OR ENTERPRISES DOING BUSINESS WITH NAA AND THE OTHER ORGANIZATION OR ENTERPRISE. THE MERE EXISTENCE OF A CONNECTION OR RELATIONSHIP SHALL NOT PREVENT A TRANSACTION FROM TAKING PLACE, HOWEVER, SO LONG AS (I) THE RELATIONSHIP IS DISCLOSED, (II) DISINTERESTED INDIVIDUALS MAKE THE NECESSARY DECISIONS, AND (III) THE TERMS OF THE TRANSACTION ARE FAIR AND REASONABLY COMPARABLE TO THOSE AVAILABLE IN OTHER COMMERCIAL TRANSACTIONS WHERE THE PARTIES ARE ENTIRELY INDEPENDENT OF ONE ANOTHER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY MEMBERS OF THE EXECUTIVE COMMITTEE AT THE ANNUAL REVIEW. THE SALARY OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT AND THE COO UPON ANNUAL REVIEW. ANNUAL REVIEWS ARE SIGNED BOTH BY THE EMPLOYEE AND THE SUPERVISOR AND THE RECOMMENDATION IS APPROVED BY THE COO AND THE PRESIDENT. AN OUTSIDE CONSULTANT REGULARLY REVIEWS COMPENSATION OF KEY STAFF WITH COMPARABLE EXTERNAL ASSOCIATION/POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 NAA MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. NAA SERVICES LLC 4300 WILSON BOULEVARD SUITE 800 ARLINGTON VA 22203 843100565 TO DELIVER LEASE FORMS AND OTHER OPERATIOAL PRODUCTS TO THE APARTMENT INDUST VA 29606445 8601212 NATIONAL APARTMENT ASSOCIATION NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE 4300 WILSON BOULEVARD SUITE 800 ARLINGTON VA 22203 521508111 TO PROVIDE BROAD-BASED EDUCATION TO DEVELOP THE APARTMENT INDUSTRY VA 501(C)(3) LINE 12A, I NATIONAL APARTMENT ASSOCIATION 1 NATIONAL APARTMENT ASSOCIATION PAC 4300 WILSON BOULEVARD SUITE 800 ARLINGTON VA 22203 900045653 TO FUND POLITICAL CAMPAIGNS VA 527 N/A NATIONAL APARTMENT ASSOCIATION 1 MULTI-FAMILY BOOK PROJECT LLC 4300 WILSON BOULEVARD SUITE 800 ARLINGTON VA 22203 464611290 BOOK PUBLISHERS VA NATIONAL APARTMENT ASSOCIATION RELATED 1277 0 1 0.50000 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 NATIONAL APARTMENT ASSOCIATION EDUCATION INSTITUTE Q 526748 FMV